Data / Crowdfunding / Minnesota / Broken Clock Brewing Cooperative
Broken Clock Brewing Cooperative: crowdfunding raise on Silicon Prairie Online LLC, $200,000 (2022)
Broken Clock Brewing Cooperative, a company in Minneapolis, MN, filed a Form C with the SEC on June 30, 2022 to raise $200,000 in Convertible Promissory Notes through Silicon Prairie Online LLC. The offering closed on December 27, 2022. In its most recent fiscal year it reported $600,299 in revenue and $93,793 in net income, with 10 employees.
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- Website
- www.brokenclockbrew.com
- Funding portal
- Silicon Prairie Online LLC
- Address
- 3134 CALIFORNIA STREET NE#122, Minneapolis, MN 55418
- Legal form
- Other
- Jurisdiction
- MN
- Incorporated
- September 8, 2015
- SEC CIK
- 0001885116
Offering terms
From the offering filed June 30, 2022.
- Security
- Convertible Promissory Notes
- Target
- $200,000
- Deadline
- December 27, 2022
- Portal compensation
- $1,000 onboarding fee 5% from 0-$1MM; 4% from $1MM-$2MM; 3% from $2MM-$5MM
Financials
From the Form C filed June 30, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $600,299 | $558,217 | sec.gov |
| Cost of goods sold | $168,249 | $159,965 | sec.gov |
| Net income | $93,793 | $35,800 | sec.gov |
| Taxes paid | $113,000 | $100,738 | sec.gov |
| Total assets | $692,389 | $363,618 | sec.gov |
| Cash | $198,936 | $96,879 | sec.gov |
| Accounts receivable | $5,392 | $11,881 | sec.gov |
| Short-term debt | $188,653 | $52,616 | sec.gov |
| Long-term debt | $402,141 | $319,001 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 30, 2022 | Offering | $200,000 | Not listed | December 27, 2022 | sec.gov |
Updated June 30, 2022. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.